All Sporting Goods Intelligence articles in Volume 23, Issue 44-45 – Page 2
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News briefs
A French label of surf-inspired clothing, Kanabeach, is looking for...
A French label of surf-inspired clothing, Kanabeach, is looking for a buyer at the request of a local court, which has extended the company's receivership until March 2013. One of its biggest assets is a network of 25 stores in urban locations. Its sales have plunged down to an annual ...
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News briefs
Workers clashed with police at a factory in South Jakarta...
Workers clashed with police at a factory in South Jakarta that supplies shoes for Adidas and Mizuno on Oct. 18. According to the local police, 13 people were injured among whom five workers, six police and two students. Former employees of PT Panarub Dwikarya Benoa (PDB) asked to be reinstated, ...
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News briefs
Nike has chosen the trendy Ipanema district of Rio de...
Nike has chosen the trendy Ipanema district of Rio de Janeiro as the location of its first “Brand Experience” store in Latin America. Fully owned and operated by Nike, the store has three floors covering a total of more than 1,200 square meters, and a Brand Space at the top ...
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News briefs
Jochen Zeitz, the former chief executive of Puma, and his...
Jochen Zeitz, the former chief executive of Puma, and his successor since July last year, Franz Koch, have received the prestigious Deutsche Image Award, along with Ulf Santjer, the company's long-time director of corporate communications. Since 2002, the prize has been rewarding the German executives and communication teams who best ...
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Article
Some management changes in the Puma Group
Tretorn, the Swedish brand of rubber boots, outerwear, tennis balls and other products that has been a property of Puma since they shared a common Scandinavian investor, has been without a dedicated top manager for quite some time, but this is going to change now. Markus Wonko, 40, has been ...
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Article
Callaway downsizes full-year guidance
Callaway Golf Company has reported net sales in the third quarter of $148 million, down from $173 million in the year-ago period, and a net loss of $83 million, up from $44 million in the year-ago period. European sales were down by 24 percent in dollars to $19.2 million. They ...
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News briefs
The Waina Outrigger Organisation (WOO) has won the Eurosima call...
The Waina Outrigger Organisation (WOO) has won the Eurosima call for innovation projects 2012. The Eurosima Cluster, which gathers the European boardsports industry manufacturers, has been organizing the call over the past four years with the objective of supporting, encouraging and adding value to innovative projects in the boardsports industry. ...
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Article
Iconix buys Umbro
Nike has announced the sale of Umbro to Iconix Brand Group, a specialist in licensing that bought Starter from the Swoosh for $60 million in 2007, licensing it out to Walmart and others. It's probably a good fit, considering that most of Umbro's revenues come from the royalties it gets ...
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Article
Sidas buys Therm-ic
Sidas, the French-based supplier of insoles for sports and orthopedic uses, has acquired the assets of Therm-ic, the bankrupt Austrian supplier of foot-warming and drying systems, including its brand name, patents and inventories. It is not taking over the liabilities of its former parent company, Body Systems, or its other ...
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Burton revamps to go forward
Burton Snowboards wants to refocus more strongly on its core products, so by the end of 2013 the company will phase out three snowboard brands, stop production of its Analog surf apparel and sell its Gravis brand of casual shoes in Asia only. Jake Burton, the company's chief executive and ...
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News briefs
Life Fitness and other elements of Brunswick Corporation's fitness unit...
Life Fitness and other elements of Brunswick Corporation's fitness unit suffered a 3 percent decline in revenues to $151.9 million for the third quarter ended Sept. 29, as increases in sales to health clubs and to consumers in North America were offset by a drop of 4 percent in the ...
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Article
Kappa and Le Coq Sportif re-enter the Brazilian market
SPR Indústria Confecção, a rather special Brazilian producer of team sports clothing that has been moving strongly into the retail business lately, is going to reintroduce both of these brands in its domestic market, after signing long-term licensing and distribution deals with both of them.SPR claims to have become in ...
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VF’s sports, outdoor brands weather the storm globally
VF Corporation reported last week that its gross margin reached a record of 46.7 percent of sales in the third quarter, largely as a result of the group's continued shift in the product mix toward higher-margin businesses. Total revenues grew by 14 percent to $3,148 million in the quarter, but ...
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News briefs
At Maier Sports, the German company that runs the brands...
At Maier Sports, the German company that runs the brands Maier Sports (snow and outerwear), Gonso (bikewear) and Rono (running apparel), new management is in place: Sascha Kautschitsch is no longer head of operations, a role that he assumed 10 months ago. He has been replaced by Simone Mayer in ...
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Article
Tacchini partners with IMG to re-launch the brand
Sergio Tacchini has announced a far-ranging, multi-year global partnership with IMG Worldwide, the international sports, fashion and media company. Under the terms of the agreement, IMG will serve as the licensing agent for the Italian brand of tennis and sportswear clothing, working to re-launch it in major markets through licensing ...
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Article
Heelys may be liquidated, but the brand should survive
The board of directors of Heelys Inc., the marketer of the funwheel brand by the same name, has agreed to enter into a definitive agreement to sell basically all the operating assets and operating liabilities of the group and its subsidiaries for $13.9 million in cash to The Evergreen Group ...
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News briefs
Schildkröt, the old German brand of table tennis equipment, continues...
Schildkröt, the old German brand of table tennis equipment, continues its strategy of diversification after it already launched the Schildkröt Funsports category a few years ago. Now, the brand owner, MTS, has announced that it is launching Schildkröt Fitness, a category dedicated to smaller fitness equipment such as expanders, barbells, ...
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Article
Big Scott invests in R&D firm, launches ski boots
Scott Sports Group has acquired a minority stake in I-Generator, a research & development platform in Portland, Oregon, to consolidate its investment in the running shoe sector. Managed by Swiss experts, the laboratory has been working for Scott for eight years to develop the company's collection of running shoes as ...
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News briefs
Justin Bieber, the emblematic young pop singer, joins forces with...
Justin Bieber, the emblematic young pop singer, joins forces with Adidas to promote the company's fashionable Neo brand. The sponsorship agreement is set to raise attention for the stylish brand among young consumers and will last until the end of 2014. Bieber will make appearances in all major markets to support ...
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News briefs
The International Olympic Committee has picked Beyond Sport to help...
The International Olympic Committee has picked Beyond Sport to help support its own Sport for All Commission in the months leading up to the 15th IOC World Conference on Sport for All, being held next April in Lima, Peru. This commission of the IOC will celebrate 30 years in 2013; ...
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